Dynatrace, Inc. (DT)

NYSE: DT · IEX Real-Time Price · USD
53.94
-0.25 (-0.46%)
At close: Dec 7, 2023, 4:00 PM
53.90
-0.04 (-0.07%)
After-hours: Dec 7, 2023, 5:50 PM EST
-0.46%
Market Cap 15.98B
Revenue (ttm) 1.30B
Net Income (ttm) 169.32M
Shares Out 304.39M
EPS (ttm) 0.57
PE Ratio 94.63
Forward PE 45.94
Dividend n/a
Ex-Dividend Date n/a
Volume 1,664,811
Open 53.91
Previous Close 54.19
Day's Range 53.69 - 54.32
52-Week Range 35.39 - 55.87
Beta 1.14
Analysts Strong Buy
Price Target 55.38 (+2.67%)
Earnings Date Jan 31, 2024

About DT

Dynatrace, Inc. provides a security platform for multicloud environments. It operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation. Its platform allows its customers to modernize and automate IT operations, develop and release software, and enhance user experiences. The company also offers implementation, consulting, and training service... [Read more]

Sector Technology
IPO Date Aug 1, 2019
Employees 4,180
Stock Exchange NYSE
Ticker Symbol DT
Full Company Profile

Financial Performance

In 2022, Dynatrace's revenue was $1.16 billion, an increase of 24.65% compared to the previous year's $929.45 million. Earnings were $107.96 million, an increase of 105.83%.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for DT stock is "Strong Buy." The 12-month stock price forecast is $55.38, which is an increase of 2.67% from the latest price.

Price Target
$55.38
(2.67% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Dynatrace CEO on investing in AI and state of the observability market

Rick McConnell, Dynatrace CEO, discusses the observability market, artificial intelligence, and tech sector leadership.

6 days ago - CNBC Television

10 ‘better values' in the stock market, selected for the next two years

Since market valuations are always changing, along with outlooks for corporate revenue and earnings, any list of favored stocks is only a snapshot. Repeating the same analysis in the near term might l...

21 days ago - Market Watch

Thoma Bravo to sell about $500 million in Dynatrace stock

Dynatrace Inc. DT, +2.22% said Wednesday its stockholder Thoma Bravo is selling 10 million shares of its stock. Dynatrace stock was down 3.8% in premarket trading.

22 days ago - Market Watch

Dynatrace Announces Pricing of Public Offering by Selling Stockholders

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the pricing of an underwritten public offering of 10,000,000 shares of common s...

22 days ago - Business Wire

Dynatrace Launches Proposed Public Offering by Selling Stockholders

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the commencement of an underwritten public offering of 10,000,000 shares of com...

22 days ago - Business Wire

Dynatrace to Present at Upcoming Investor Conferences

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, announced today that its executives will present at three upcoming investor conferences, as fol...

4 weeks ago - Business Wire

Dynatrace Launches New Kubernetes Experience for Platform Engineering Teams

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced its new Kubernetes Experience for platform engineering teams. Powered by the Dy...

4 weeks ago - Business Wire

Dynatrace Reports Second Quarter of Fiscal Year 2024 Financial Results

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced financial results for the second quarter of fiscal 2024 ended September 30, 202...

5 weeks ago - Business Wire

Kyndryl and Dynatrace Announce Global Alliance to Enhance Customers' Insights

Combining Kyndryl's end-to-end services with the Dynatrace observability platform to provide business value NEW YORK and WALTHAM, Mass. , Nov. 1, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's l...

Other symbols: KD
5 weeks ago - PRNewsWire

Dynatrace to Report Second Quarter of Fiscal 2024 Financial Results

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, announced today that it will report its second quarter of fiscal 2024 ended September 30, 2023 ...

2 months ago - Business Wire

Latest Dynatrace Platform Innovations Available to Customers on Microsoft Azure

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the availability of its latest core innovations for customers running the Dynat...

2 months ago - Business Wire

Global Report Reveals DevOps Automation Is Becoming a Strategic Imperative for Large Organizations, but Only 38% Have a Clear Strategy for Implementing It

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the findings of an independent global survey of 450 IT practitioners responsibl...

2 months ago - Business Wire

Dynatrace Releases Inaugural Global Impact Report

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today released its inaugural Global Impact Report. The report underscores the company's commitm...

2 months ago - Business Wire

Technology Executive Amol Kulkarni Appointed to the Dynatrace Board of Directors

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the appointment of Amol Kulkarni to its Board of Directors effective on Septemb...

3 months ago - Business Wire

Dynatrace to Present at Upcoming Investor Conference

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, announced today that its executives will present at the Goldman Sachs Communacopia and Technolo...

4 months ago - Business Wire

Dynatrace Unveils Security Analytics, Providing Actionable Insights for Proactive Defense Against Threats to Cloud Applications

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the introduction of Security Analytics, a new Dynatrace® platform solution desi...

4 months ago - Business Wire

Dynatrace Revenue Up 25%, Stock Tumbles. Goldman Sees 24% Upside

Goldman Sachs sees 24% upside given its price target of $59

4 months ago - Forbes

Dynatrace Reports First Quarter of Fiscal Year 2024 Financial Results

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced financial results for the first quarter of fiscal 2024 ended June 30, 2023. “Dy...

4 months ago - Business Wire

Dynatrace to Acquire Rookout to Deliver Code Debugging in Production Environments

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it has signed a definitive agreement to acquire Rookout, a provider of enterpri...

4 months ago - Business Wire

Dynatrace Expanding Davis to Deliver the Observability and Security Industry's First Hypermodal Artificial Intelligence, Converging Predictive, Causal, and Generative AI

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it is expanding its Davis® AI engine to create the industry's first hypermodal ...

4 months ago - Business Wire

Dynatrace taps hypermodal AI for faster application observability

Application observability leader Dynatrace today expanded its Davis AI engine with new generative AI capabilities.

4 months ago - VentureBeat

Dynatrace Announces Expanded Multi-Year Consumption Commitment and Go-To-Market Partnership with Microsoft

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced an expanded multi-year consumption commitment and go-to-market (GTM) partnershi...

5 months ago - Business Wire

Dynatrace to Report First Quarter of Fiscal 2024 Financial Results

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, announced today that it will report its first quarter of fiscal 2024 ended June 30, 2023 financ...

5 months ago - Business Wire

Dynatrace Ranked #1 Across All Six Use Cases in the 2023 Gartner® Critical Capabilities for APM and Observability Report

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced its platform ranked #1 in all six Use Cases in the 2023 Gartner Critical Capabi...

5 months ago - Business Wire

Dynatrace Named a Leader and Positioned Furthest for Vision and Highest in Execution in the 2023 Gartner® Magic Quadrant™ for APM and Observability

WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that Gartner has named it a Leader in the 2023 Magic Quadrant for Application P...

5 months ago - Business Wire